9 easy ways to make money from home in 2022 (supplement or replace your day job)

make money from home

Making money from home is easier than ever in 2022.

Being connected to the world, and only needing a computer, a skill or service you are great at, and a captive audience, you can make extra money passively or actively.

How to make money from home?

Here are three of the easiest little-known ways to make some extra cash in your spare time:

1. Sell your skills or services online.

Thanks to the internet, it’s never been easier to make money from home by selling your skills or services online. You can create a website, blog, or social media page to market your skills, or use websites like Fiverr or Upwork to find clients who need your unique set of skills or products.

The best part is you can do all this in your spare time and won’t need to quit your day job!

2. Start a home-based business.

Another great way to make money from home is to start your own home-based business. This can be anything from a simple online store to a custom-made product or service.

Websites like Shopify are also easy to use, set up and maintain.

The best part about starting your own business is that you get to call all the shots and set your own destiny. You’re in charge of your own success or failure.

3. Rent out a room in your house (or your entire property)

If you have an extra room in your house, you can rent it out to make some extra money. This can be a great way to make money from home, especially if you live in a high-demand area.

The Sandton suburbs of Strathavon, Sandown and Morningside are hugely appealing to tenants, and you can use the extra cash to pay for necessities or put it aside and reinvest in your online shop or home-based business.

If you have an extra room or an entire property to rent out, you can make a lot of money from home. Just make sure that you’re up-front with your tenants about what they can and cannot do in the property, and ensure you have a proper lease agreement in place.

Why would you need to make money from home?

Besides the obvious reasons (retrenchment, difficulty in finding new employment, and the convenience of setting your own times and work schedule) the benefits of making money at home are that your overheads are extremely low.

Thanks to the normalization of remote work, you don’t need to worry about renting office space, or having to commute to an office. You can also make as much or as little money as you want, which is a great incentive if you’re looking to supplement your income (or if you have no income at all).

What are the pitfalls of making money from home (and how to avoid them)

Many people start a business from home and fail because they fail to prepare themselves properly.

Depending on the kind of business you want to start, check if it falls foul of local by-laws, is permissible if you’re living in an estate or sectional title property, and (probably most important) is something people actually need.

This is where market research comes in: find out if you have competitors doing what you want to do, what they are not doing well (and what you can do better), and if people are actually prepared to pay money for your service or products.

What you should do last when starting a business from home

Don’t sweat the small stuff. Things like logos, business cards, colour palettes and anything that can be easily updated or changed once your business finds traction can be don’t later.

The way to successfully make money from home is to first and foremost get the attention of your market.

Use platforms like Google and social media sites like Facebook, Instragram, TikTok, LinkedIn and Twitter to not only test your offers, but to market them too.

You don’t have to be a genius to make money from home. And neither do you have to be the best in your chosen field (though this should be your main goal).

What you need to know is how to capture the attention of your market and make them want to buy your product or service.

Think about it like this: if two home owners are trying to sell their homes in the same street. And if both homes are similar in features and price, which one will sell first?

The obvious answer is the one that receives the most interest from the buyers’ market.

The same is true for your home business.

Even if you are up against established and big brands, you can compete by captivating more of the market’s attention than your rivals.

In fact, some of the best and most successful businesses are those that are run by everyday people like you and me.

6 more ways to make money from home

  1. Start a social media management agency
  2. Provide remote administrative services
  3. Set up a virtual assistant service
  4. Sell one of a kind and custom products
  5. Try your hand at the buying and selling of domain names
  6. Create a blog with affiliate marketing links to earn recurring revenue

All of these ideas can help you make as much money as you want to from home. They may all experience a slow start, but getting a head start now means you’ll reap the benefits in time.

If you need extra help on what kind of business you can start in your Sandton property, or if you want to simply rent it out (but you don’t know where to find credible tenants) we can help you.

Simply contact us today.